3 days ago · MHADA is set to release ultra-luxury apartments in South Mumbai's Crescent Tower during Diwali 2025, with units priced over ₹7 crore available on a first-come, first-served basis after remaining unsold in previous lottery rounds. 1 day ago · MHADA to sell ₹7 crore luxury flats in South Mumbai’s Crescent Tower on a first-come, first-served basis before Diwali 2025—details inside! Mumbai's affordable housing crisis calls for a massive solution. The city needs lakhs of right priced homes for low and middle income families. MHADA (Maharashtra Housing and Area Development Mumbai: The Maharashtra Housing and Area Development Authority’s (Mhada) most expensive apartments–going up to ₹7.58 crore–remain unsold even after two lottery draws, one in 2023, and 3 days ago · Diwali 2025; MHADA is expected to put its most expensive luxury apartments, worth over ₹ 7 crore, up for sale on a first-come, first-served basis. Jun 11, 2025 · Could you elaborate on how MHADA plans to mainstream rental housing within Mumbai’s affordable housing framework? Absolutely — and I must say, rental housing is one of the most exciting and transformative aspects of the new housing policy. For decades, urban planning in India, particularly in Mumbai, has been ownership-centric. Can MHADA accelerate the availability of affordable housing, in India’s financial capital? This week on The Urban Agenda, brought to you by India Sotheby’s International Realty, join Manisha Natarajan for an exclusive conversation with Vice President and CEO Mhada Sanjeev Jaiswal. Mumbai’s skyline tells a story of ambition, but beneath the glamour lies a harsh reality—cramped homes, endless waiting lists, and the dream of affordable ho Maharashtra Housing and Area Development Authority offers affordable houses under various schemes. In an exclusive, MHADA CEO Sanjeev Jaiswal (IAS) talks about Mumbai’s enduring charm, livability, and the government’s focus on making it

affordable for all.